37-39 King Street
Retail, St Helier
Ground floor Retail Area 1532 sq ft Retail (ITZA 1403 sqft) plus upper floor retail and storage.
RENTAL NOW REDUCED TO £145,000 PER ANNUM
This prime retail unit is one of the most prominent and well known units on King Street and comprises retail space on ground and first floors incorporating an attractive gallery layout. Upper floor storage is also provided. The property has its principle store entrance on to King Street with an additional access on to Brook Street.
No 37 is arranged over three floors and occupies a prominent position with 5-bays on Brook St and 2-bays on King Street with a curved corner bay.
No 39 is also arranged over three floors and has the only example in Jersey of an assumed Victorian galleried shop. The interior is open to the second floor and is circled by a full gallery with decorative cast iron balustrades and a mahogany hand rail. The gallery is accessed via an Edwardian staircase of relatively grand scale.
The premises are available subject to contract by way of a new lease on an effectively fully repairing and insuring basis, for a term of no less than 9 years at a commencing rental of £145,000 per annum (£92.50 per sq. ft. ITZA). Rent is reviewable every third year, upward only by reference to any increase in the JRPI.
- 1532 Sq Ft